Polyamide (PA) 6 Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 9.47 Billion |
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Market Size (2029) | USD 12.69 Billion |
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Largest Share by End User Industry | Automotive |
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CAGR (2024 - 2029) | 6.02 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Polyamide (PA) 6 Market Analysis
The Polyamide (PA) 6 Market size is estimated at 9.47 billion USD in 2024, and is expected to reach 12.69 billion USD by 2029, growing at a CAGR of 6.02% during the forecast period (2024-2029).
9.47 Billion
Market Size in 2024 (USD)
12.69 Billion
Market Size in 2029 (USD)
3.57 %
CAGR (2017-2023)
6.02 %
CAGR (2024-2029)
Largest Market by End-user Industry
29.63 %
value share, Automotive, 2023
Due to its temperature and chemical resistance, PA 6 is used in a wide range of automotive applications, including intake manifolds, fuel lines, and underhood parts. Thus, the sector occupied a huge share.
Fastest Growing Market by End-user Industry
7.52 %
Projected CAGR, Packaging, 2024-2029
With the growing development for antistatic packaging using PA 6, the packaging industry is projected to be the fastest-growing industry.
Largest Market by Region
50.77 %
value share, Asia-Pacific, 2023
Owing to huge markets such as China, India, Japan, and South Korea, Asia-Pacific held around 72.45% of the automotive production and registered the largest share.
Fastest Growing Market by Region
7.71 %
Projected CAGR, Africa, 2024-2029
Africa region witnessed a significant increase in investments in various industries, including automotive, packaging, and other end users. It is projected to witness the fastest growth in the market.
Leading Market Player
16.50 %
market share, Highsun Holding Group, 2022
With the largest production capacity of around 910 kilotons per year of PA 6 resin in 2022, the company held the largest share. Highsun offers various polyamide resins for extrusion, compounding, blow molding, and other applications.
Aerospace sector to lead the market's growth
- Polyamide 6 (nylon) resins have many applications in almost every industry due to their toughness and abrasion resistance. Nylon 6 is used in applications where toughness, lubricity, and wear are important. The global polyamide (PA) 6 market accounted for 50% of the overall polyamide consumption by revenue in 2022.
- Polyamide 6 is widely used in the automotive industry for a variety of applications. Air intake manifold valves and engine covers are frequent applications of PA 6. The rising trend of high-strength and lightweight composites in automotive is driving the demand for PA 6. Global vehicle production was at 143 million units in 2022. It is expected to record a CAGR of 3.16% by volume between 2023 and 2029.
- The electrical and electronics industry is the second-largest consumer of polyamide 6. The revenue from electrical and electronics production peaked in 2022 at USD 580 billion, recording a CAGR of 6.61% between 2023 and 2029 due to an increase in the demand for consumer electronics with increasing technological innovations across different regions. For instance, consumer electronics worldwide are projected to reach a revenue of USD 1071.0 billion by 2027 from USD 666.0 billion in 2023.
- Aerospace is expected to be the fastest-growing end-user industry for polyamide 6 at the global level, with the highest CAGR of 7.48% in terms of value during the forecast period (2023-2029). The rising aerospace components production across the world is expected to drive the demand for polyamide 6 in the coming years. For instance, the aerospace components production revenue at the global level is projected to reach USD 723.5 billion by 2029 from USD 505.5 billion in 2023.
_6_Consumed_by_end_user_industry__USD__Global__2017_-_2029.svg "Polyamide (PA) 6 Market Trends")
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Asia-Pacific to remain dominant during the forecast period
- Polyamide 6 exhibits versatile properties like resistance to high temperatures and corrosive environments, making it suitable for the aerospace, automotive, and electrical and electronics industries.
- Asia-Pacific held the largest market share in terms of PA 6 consumption in 2022. It is projected to register a CAGR of 6.81% in terms of value during the forecast period, attributed to countries like China and Japan, which accounted for 61% and 11%, respectively, of the region's overall polyamide 6 consumption in 2022. China's automotive industry is the major consumer of polyamide 6, accounting for 32% of the country's overall polyamide 6 consumption in 2022. Owing to a surge in local demand and reduced foreign investments, particularly in the EV market, the Chinese automotive industry may continue to grow, thus increasing the demand for polyamide 6. For instance, China's vehicle production is expected to reach 64 million units by 2029 compared to 46 million units in 2022.
- Middle East is the fastest-growing consumer of PA 6. It is likely to record a CAGR of 7.18% in terms of value during the forecast period, attributed to growing electrical and electronics industry, packaging and aerospace industry, which is expected to grow at a CAGR of 8.88%, 7.16% and 8.08% respectively. The governments in the Middle East are applying digital transformation to achieve the national transformation goals, it has increased investments in electrical and electronics segment and there has been a significant increase in the electrical and electronics production revenue. The governments have been consistently increasing their aerospace and defense investment to boost the component manufacturing in the region.
Global Polyamide (PA) 6 Market Trends
Technological advancements in electronics industry may foster the growth
- The rapid pace of technological innovation in electronic products is driving the consistent demand for new and fast electrical and electronic products. In 2022, the global revenue of electrical and electronics stood at USD 5,807 billion, with Asia-Pacific holding a 74% market share, followed by Europe with a 13% share. The global electrical and electronics market is expected to record a CAGR of 6.61% during the forecast period.
- In 2018, the Asia-Pacific region witnessed strong economic growth owing to rapid industrialization in China, South Korea, Japan, India, and ASEAN countries. In 2020, due to the pandemic, there was a slowdown in global electrical and electronics production due to the shortage of chips and inefficiencies in the supply chain, which led to a stagnant growth rate of 0.1% in revenue compared to the previous year. This growth was driven by the demand for consumer electronics for remote working and home entertainment as people were forced to remain indoors during the pandemic.
- The demand for advanced technologies, such as digitalization, robotics, virtual reality, augmented reality, IoT (Internet of Things), and 5G connectivity, is expected to grow during the forecast period. Global electrical and electronics production is expected to register a growth rate of 5.9% in 2027. As a result of technological advancements, the demand for consumer electronics is expected to rise during the forecast period. For instance, the global consumer electronics industry is projected to witness a revenue reach of around USD 904.6 billion in 2027, compared to USD 719.1 billion in 2023. As a result, technological development is projected to lead the demand for electrical and electronic products during the forecast period.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Fast-paced growth of aviation industry and increased aircraft contracts may aid market growth
- Fast-paced urbanization and investments in Asia-Pacific region may boost the industry
- Growing demand for electric vehicles may boost automobile industry growth
- Demand for flexible packaging from the food and beverage industry boosting market growth
Polyamide (PA) 6 Industry Overview
The Polyamide (PA) 6 Market is moderately consolidated, with the top five companies occupying 49.52%. The major players in this market are BASF SE, DSM, Hangzhou Juheshun New Materials Co., Ltd., Highsun Holding Group and LIBOLON (sorted alphabetically).
Polyamide (PA) 6 Market Leaders
BASF SE
DSM
Hangzhou Juheshun New Materials Co., Ltd.
Highsun Holding Group
LIBOLON
6Market/1708339583955_Polyamide(PA)6Market_market_concentration.svg "Polyamide (PA) 6 Market Concentration")
Other important companies include Domo Chemicals, Guangdong Xinhui Meida Nylon Co.,Ltd, KuibyshevAzot, LANXESS, UBE Corporation.
*Disclaimer: Major Players sorted in alphabetical order.
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Polyamide (PA) 6 Market News
- January 2023: DSM introduced two new polyamide grades, Akulon FLX-LP and Akulon FLX40-HP, which will be used as liner materials and will provide robust performance in Type IV pressure vessels used for hydrogen storage.
- February 2022: BASF SE announced that it would expand the production capacity of its ultramid polyamide (PA) and ultradur polybutylene terephthalate (PBT) products by 5,000 metric tons per year in Pasir Gudang, Malaysia.
- January 2022: BASF SE announced plans to expand the production of polyamides and polyphthalamides in Europe for innovative electrical and electronics applications in industrial, consumer, and automotive electronics.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.
Polyamide (PA) 6 Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 End User Trends
- 4.1.1 Aerospace
- 4.1.2 Automotive
- 4.1.3 Building and Construction
- 4.1.4 Electrical and Electronics
- 4.1.5 Packaging
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4.2 Regulatory Framework
- 4.2.1 Argentina
- 4.2.2 Australia
- 4.2.3 Brazil
- 4.2.4 Canada
- 4.2.5 China
- 4.2.6 EU
- 4.2.7 India
- 4.2.8 Japan
- 4.2.9 Malaysia
- 4.2.10 Mexico
- 4.2.11 Nigeria
- 4.2.12 Russia
- 4.2.13 Saudi Arabia
- 4.2.14 South Africa
- 4.2.15 South Korea
- 4.2.16 United Arab Emirates
- 4.2.17 United Kingdom
- 4.2.18 United States
- 4.3 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 End User Industry
- 5.1.1 Aerospace
- 5.1.2 Automotive
- 5.1.3 Building and Construction
- 5.1.4 Electrical and Electronics
- 5.1.5 Industrial and Machinery
- 5.1.6 Packaging
- 5.1.7 Other End-user Industries
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5.2 Region
- 5.2.1 Africa
- 5.2.1.1 By Country
- 5.2.1.1.1 Nigeria
- 5.2.1.1.2 South Africa
- 5.2.1.1.3 Rest of Africa
- 5.2.2 Asia-Pacific
- 5.2.2.1 By Country
- 5.2.2.1.1 Australia
- 5.2.2.1.2 China
- 5.2.2.1.3 India
- 5.2.2.1.4 Japan
- 5.2.2.1.5 Malaysia
- 5.2.2.1.6 South Korea
- 5.2.2.1.7 Rest of Asia-Pacific
- 5.2.3 Europe
- 5.2.3.1 By Country
- 5.2.3.1.1 France
- 5.2.3.1.2 Germany
- 5.2.3.1.3 Italy
- 5.2.3.1.4 Russia
- 5.2.3.1.5 United Kingdom
- 5.2.3.1.6 Rest of Europe
- 5.2.4 Middle East
- 5.2.4.1 By Country
- 5.2.4.1.1 Saudi Arabia
- 5.2.4.1.2 United Arab Emirates
- 5.2.4.1.3 Rest of Middle East
- 5.2.5 North America
- 5.2.5.1 By Country
- 5.2.5.1.1 Canada
- 5.2.5.1.2 Mexico
- 5.2.5.1.3 United States
- 5.2.6 South America
- 5.2.6.1 By Country
- 5.2.6.1.1 Argentina
- 5.2.6.1.2 Brazil
- 5.2.6.1.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 BASF SE
- 6.4.2 Domo Chemicals
- 6.4.3 DSM
- 6.4.4 Guangdong Xinhui Meida Nylon Co.,Ltd
- 6.4.5 Hangzhou Juheshun New Materials Co., Ltd.
- 6.4.6 Highsun Holding Group
- 6.4.7 KuibyshevAzot
- 6.4.8 LANXESS
- 6.4.9 LIBOLON
- 6.4.10 UBE Corporation
7. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, GLOBAL, 2017 - 2029
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, GLOBAL, 2017 - 2029
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, GLOBAL, 2017 - 2029
- Figure 4:
- PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, GLOBAL, 2017 - 2029
- Figure 5:
- PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, GLOBAL, 2017 - 2029
- Figure 6:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, GLOBAL, 2017 - 2029
- Figure 7:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, GLOBAL, 2017 - 2029
- Figure 8:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 9:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 10:
- VOLUME SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2017, 2023, AND 2029
- Figure 11:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2017, 2023, AND 2029
- Figure 12:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED IN AEROSPACE INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 13:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED IN AEROSPACE INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 14:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED IN AEROSPACE INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 15:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 16:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED IN AUTOMOTIVE INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 17:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED IN AUTOMOTIVE INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 18:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 19:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 20:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 21:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 22:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 23:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 24:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 25:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 26:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 27:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED IN PACKAGING INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 28:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED IN PACKAGING INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 29:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED IN PACKAGING INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 30:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 31:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 32:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 33:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED BY REGION, TONS, GLOBAL, 2017 - 2029
- Figure 34:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED BY REGION, USD, GLOBAL, 2017 - 2029
- Figure 35:
- VOLUME SHARE OF POLYAMIDE (PA) 6 CONSUMED BY REGION, %, GLOBAL, 2017, 2023, AND 2029
- Figure 36:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY REGION, %, GLOBAL, 2017, 2023, AND 2029
- Figure 37:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, TONS, AFRICA, 2017 - 2029
- Figure 38:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, USD, AFRICA, 2017 - 2029
- Figure 39:
- VOLUME SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, AFRICA, 2017, 2023, AND 2029
- Figure 40:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, AFRICA, 2017, 2023, AND 2029
- Figure 41:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, NIGERIA, 2017 - 2029
- Figure 42:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, NIGERIA, 2017 - 2029
- Figure 43:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, NIGERIA, 2022 VS 2029
- Figure 44:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, SOUTH AFRICA, 2017 - 2029
- Figure 45:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, SOUTH AFRICA, 2017 - 2029
- Figure 46:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, SOUTH AFRICA, 2022 VS 2029
- Figure 47:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, REST OF AFRICA, 2017 - 2029
- Figure 48:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, REST OF AFRICA, 2017 - 2029
- Figure 49:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, REST OF AFRICA, 2022 VS 2029
- Figure 50:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 51:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 52:
- VOLUME SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 53:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 54:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, AUSTRALIA, 2017 - 2029
- Figure 55:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, AUSTRALIA, 2017 - 2029
- Figure 56:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, AUSTRALIA, 2022 VS 2029
- Figure 57:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, CHINA, 2017 - 2029
- Figure 58:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, CHINA, 2017 - 2029
- Figure 59:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, CHINA, 2022 VS 2029
- Figure 60:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, INDIA, 2017 - 2029
- Figure 61:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, INDIA, 2017 - 2029
- Figure 62:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, INDIA, 2022 VS 2029
- Figure 63:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, JAPAN, 2017 - 2029
- Figure 64:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, JAPAN, 2017 - 2029
- Figure 65:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, JAPAN, 2022 VS 2029
- Figure 66:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, MALAYSIA, 2017 - 2029
- Figure 67:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, MALAYSIA, 2017 - 2029
- Figure 68:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2022 VS 2029
- Figure 69:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, SOUTH KOREA, 2017 - 2029
- Figure 70:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, SOUTH KOREA, 2017 - 2029
- Figure 71:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2022 VS 2029
- Figure 72:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 73:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 74:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, REST OF ASIA-PACIFIC, 2022 VS 2029
- Figure 75:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, TONS, EUROPE, 2017 - 2029
- Figure 76:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2029
- Figure 77:
- VOLUME SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
- Figure 78:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
- Figure 79:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, FRANCE, 2017 - 2029
- Figure 80:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, FRANCE, 2017 - 2029
- Figure 81:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, FRANCE, 2022 VS 2029
- Figure 82:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, GERMANY, 2017 - 2029
- Figure 83:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, GERMANY, 2017 - 2029
- Figure 84:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
- Figure 85:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, ITALY, 2017 - 2029
- Figure 86:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, ITALY, 2017 - 2029
- Figure 87:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, ITALY, 2022 VS 2029
- Figure 88:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, RUSSIA, 2017 - 2029
- Figure 89:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, RUSSIA, 2017 - 2029
- Figure 90:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, RUSSIA, 2022 VS 2029
- Figure 91:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, UNITED KINGDOM, 2017 - 2029
- Figure 92:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, UNITED KINGDOM, 2017 - 2029
- Figure 93:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, UNITED KINGDOM, 2022 VS 2029
- Figure 94:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, REST OF EUROPE, 2017 - 2029
- Figure 95:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, REST OF EUROPE, 2017 - 2029
- Figure 96:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, REST OF EUROPE, 2022 VS 2029
- Figure 97:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 98:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 99:
- VOLUME SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 100:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 101:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
- Figure 102:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
- Figure 103:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
- Figure 104:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 105:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 106:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, UNITED ARAB EMIRATES, 2022 VS 2029
- Figure 107:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, REST OF MIDDLE EAST, 2017 - 2029
- Figure 108:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, REST OF MIDDLE EAST, 2017 - 2029
- Figure 109:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, REST OF MIDDLE EAST, 2022 VS 2029
- Figure 110:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 111:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 112:
- VOLUME SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 113:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 114:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, CANADA, 2017 - 2029
- Figure 115:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, CANADA, 2017 - 2029
- Figure 116:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, CANADA, 2022 VS 2029
- Figure 117:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, MEXICO, 2017 - 2029
- Figure 118:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, MEXICO, 2017 - 2029
- Figure 119:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, MEXICO, 2022 VS 2029
- Figure 120:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, UNITED STATES, 2017 - 2029
- Figure 121:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, UNITED STATES, 2017 - 2029
- Figure 122:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
- Figure 123:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, TONS, SOUTH AMERICA, 2017 - 2029
- Figure 124:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2029
- Figure 125:
- VOLUME SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2017, 2023, AND 2029
- Figure 126:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2017, 2023, AND 2029
- Figure 127:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, ARGENTINA, 2017 - 2029
- Figure 128:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, ARGENTINA, 2017 - 2029
- Figure 129:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, ARGENTINA, 2022 VS 2029
- Figure 130:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, BRAZIL, 2017 - 2029
- Figure 131:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, BRAZIL, 2017 - 2029
- Figure 132:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, BRAZIL, 2022 VS 2029
- Figure 133:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 134:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 135:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, REST OF SOUTH AMERICA, 2022 VS 2029
- Figure 136:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2019 - 2021
- Figure 137:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2019 - 2021
- Figure 138:
- PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) 6 BY MAJOR PLAYERS, %, GLOBAL, 2022
Polyamide (PA) 6 Industry Segmentation
Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- Polyamide 6 (nylon) resins have many applications in almost every industry due to their toughness and abrasion resistance. Nylon 6 is used in applications where toughness, lubricity, and wear are important. The global polyamide (PA) 6 market accounted for 50% of the overall polyamide consumption by revenue in 2022.
- Polyamide 6 is widely used in the automotive industry for a variety of applications. Air intake manifold valves and engine covers are frequent applications of PA 6. The rising trend of high-strength and lightweight composites in automotive is driving the demand for PA 6. Global vehicle production was at 143 million units in 2022. It is expected to record a CAGR of 3.16% by volume between 2023 and 2029.
- The electrical and electronics industry is the second-largest consumer of polyamide 6. The revenue from electrical and electronics production peaked in 2022 at USD 580 billion, recording a CAGR of 6.61% between 2023 and 2029 due to an increase in the demand for consumer electronics with increasing technological innovations across different regions. For instance, consumer electronics worldwide are projected to reach a revenue of USD 1071.0 billion by 2027 from USD 666.0 billion in 2023.
- Aerospace is expected to be the fastest-growing end-user industry for polyamide 6 at the global level, with the highest CAGR of 7.48% in terms of value during the forecast period (2023-2029). The rising aerospace components production across the world is expected to drive the demand for polyamide 6 in the coming years. For instance, the aerospace components production revenue at the global level is projected to reach USD 723.5 billion by 2029 from USD 505.5 billion in 2023.
| End User Industry | Aerospace | ||
| Automotive | |||
| Building and Construction | |||
| Electrical and Electronics | |||
| Industrial and Machinery | |||
| Packaging | |||
| Other End-user Industries | |||
| Region | Africa | By Country | Nigeria |
| South Africa | |||
| Rest of Africa | |||
| Region | Asia-Pacific | By Country | Australia |
| China | |||
| India | |||
| Japan | |||
| Malaysia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Region | Europe | By Country | France |
| Germany | |||
| Italy | |||
| Russia | |||
| United Kingdom | |||
| Rest of Europe | |||
| Region | Middle East | By Country | Saudi Arabia |
| United Arab Emirates | |||
| Rest of Middle East | |||
| Region | North America | By Country | Canada |
| Mexico | |||
| United States | |||
| Region | South America | By Country | Argentina |
| Brazil | |||
| Rest of South America |
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Market Definition
- End-user Industry - Building & Construction, Packaging, Automotive, Aerospace, Industrial Machinery, Electrical & Electronics, and Others are the end-user industries considered under the polyamide 6 market.
- Resin - Under the scope of the study, virgin polyamide 6 resin in the primary forms such as powder, pellet, etc. are considered.
| Keyword | Definition |
|---|---|
| Acetal | This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Cast film | A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion. |
| Colorants & Pigments | Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix. |
| Composite material | A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements. |
| Degree of Polymerization (DP) | The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands. |
| Dispersion | To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion. |
| Fiberglass | Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass. |
| Fiber-reinforced polymer (FRP) | Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt. |
| Flake | This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics. |
| Fluoropolymers | This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc. |
| Kevlar | Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid. |
| Laminate | A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width. |
| Nylon | They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids. |
| PET preform | A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container. |
| Plastic compounding | Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers. |
| Plastic pellets | Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic. |
| Polymerization | It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds. |
| Styrene Copolymers | A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate. |
| Thermoplastics | Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties. |
| Virgin Plastic | It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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